Tencent Music Entertainment Group (TME) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.34x

Tencent Music Entertainment Group (TME) has a Cash Flow Reinvestment Rate of 0.34x as of September 2025, reinvesting $1.24 Billion (capex $0.00 plus investments $-1.24 Billion) from operating cash flow of $3.68 Billion. Explore Tencent Music Entertainment Group (TME) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.34x
(Capex + Investments) / Operating CF

Total Reinvested

$1.24 Billion
Capex + Investments

Operating Cash Flow

$3.68 Billion
USD

Capital Expenditures

$0.00
USD

Tencent Music Entertainment Group Cash Flow Reinvestment Rate (2016–2024)

Historical reinvestment intensity for Tencent Music Entertainment Group across 9 annual periods. Also explore balance sheet size of Tencent Music Entertainment Group for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Tencent Music Entertainment Group (2016–2024)

Year-by-year capital reinvestment analysis for Tencent Music Entertainment Group. For live market cap and broader valuation context, see TME market cap.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2024 0.76x $7.85 Billion $10.28 Billion $1.03 Billion ▲ +85.2%
2023 0.41x $3.03 Billion $7.34 Billion $1.16 Billion ▲ +23.5%
2022 0.33x $2.50 Billion $7.48 Billion $1.05 Billion ▼ -80.0%
2021 1.67x $8.76 Billion $5.24 Billion $2.76 Billion ▼ -44.5%
2020 3.01x $14.71 Billion $4.88 Billion $501.00 Million ▲ +122.5%
2019 1.35x $8.39 Billion $6.20 Billion $286.00 Million ▲ +471.2%
2018 0.24x $1.33 Billion $5.63 Billion $144.00 Million ▲ +77.3%
2017 0.13x $334.00 Million $2.50 Billion $77.00 Million ▼ -78.3%
2016 0.62x $537.00 Million $873.00 Million $41.00 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow